US stocks surged | Weibo (WETO.US) soared by 78% Announcement of a strategic $300 million non-equity financing plan by the company

According to the Wisdom Financial APP, on Thursday, Weibo (WETO.US) surged by 78% to $3.49. In terms of news, Weibo is exploring a financing strategy that can raise up to $300 million, through a diverse set of non-equity financial instruments, to establish a reserve of Ripple coins to support global payment solutions. This approach includes the use of available cash reserves, bank loans, shareholder guarantees, and third-party institutional support credit facilities from traditional banks. By utilizing these non-dilutive financing methods, the company hopes to maintain capital flexibility, support long-term growth, and protect shareholder value while advancing its strategic goals in the digital asset and cross-border payment fields.